Databricks, a data and AI company, is reportedly raising $5 billion in its latest funding round, aiming for a total of $8 billion, which could be the largest this year. Prioritizing Growth Over IPO Databricks, a San Francisco-based data analytics and artificial intelligence (AI) company, is reportedly raising $5 billion in its latest funding round, […] Source CryptoX Portal
Bitcoin’s record-breaking rise to $99,800, followed by a slight correction, has analysts at Cryptoquant signaling that the bull market is far from over, with onchain metrics suggesting potential for further gains beyond $100,000. Cryptoquant Analysis Indicates Bitcoin Bull Cycle Is Far From Over Bitcoin’s recent climb to a record high of $99,800, followed by a […] Original
Este artículo también está disponible en español. After a historic rally, Bitcoin has faced its first major setback, pulling back 7% from its all-time high of $99,800. This comes after an impressive surge from $67,500 on November 5, marking a nearly 50% climb in just a few weeks. The price action has largely been “only up,” attracting significant attention from traders and investors alike. Related Reading However, the current pullback highlights growing caution in the market. Market caution said leverage levels remain elevated despite recent deleveraging efforts. Adler’s analysis reveals…
Bitcoin is witnessing a surge of on-chain activity, with daily active addresses nearing 1 million, data indicates. Bitcoin’s (BTC) march to $100,000 has driven a surge in on-chain activity, with data from IntoTheBlock showing a shift in the cryptocurrency’s long-term activity trend. In a post on X on Nov. 26, on-chain analysts highlighted that the number of daily active addresses on the Bitcoin blockchain is “approaching 1 million,” calling it the “first prolonged increase of this scale since 2021.” Bitcoin’s long-term activity trend has decisively shifted, with on-chain activity seeing…
A tech CEO proposes “democratizing” AI by using decentralized data crowdsourcing. Decentralized Data Crowdsourcing: A Path to Bias-Free AI Technologist and CEO of Synesis One, Isaac Bang, warns against the “extremely dangerous” scenario of a few tech giants hoarding data and leading the artificial intelligence (AI) race. He argues for the “democratization” of AI power, […] Source CryptoX Portal
We are calling on organisations to share personal information responsibly to protect their customers from scams and fraud. Fraud is the most frequently experienced crime in the UK, accounting for 39% of all reported crime in England and Wales. 1 We’re warning that reluctance from organisations to share personal information to tackle scams and fraud can lead to serious emotional and financial harm. Data protection law does not prevent organisations from sharing personal information, if they do so in a responsible, fair and proportionate way. This International Fraud Awareness Week,…
“I don’t think the competition for power from AI facilities will significantly impact hashprice,” Mellerud said. “The Bitcoin mining network is a self-correcting mechanism, so reduced hashrate in one country will simply increase profitability of miners in another country, giving them more room to grow.” “My thesis is that the U.S. will have less than 20% of the hashrate by 2030 due to competition from AI facilities, while hashrate will grow elsewhere, particularly in Africa and Southeast Asia,” Mellerud added. Source
Since establishing the Frequency blockchain, Project Liberty has recruited 1.3 million users. SOAR’s Family and Citizens will bring tens of millions more in the future, as people look for alternatives to existing all-powerful social media platforms, said Tomicah Tillemann, Project Liberty’s president. As well as bringing decentralization it’s a chance “to do AI right,” he said. Source
Este artículo también está disponible en español. Recent market dynamics have seen the XRP price surging past the psychological $1 mark for the first time since 2021. This marked a significant milestone for the XRP price, which has spent the majority of the last three years trading below $0.6. Related Reading The rally, driven by key market dynamics and specific holder activity, highlights the role of strategic accumulation by large stakeholders. Particularly, on-chain data shows an intriguing trend among whales, sharks, and retail wallets. XRP Price Breakout To $1.26: Whale…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Crypto presales like Propichain gain traction as BTC hits new highs, with a $3.67M whale possibly joining the presale. Crypto presale coins like Propichain (PCHAIN) are at the top of current market news as BTC’s new all-time high has boosted investor interest. A dormant BTC whale has shaken the market with a $3.67 million coin transfer. Yet, analysts say this whale might be headed to Propichain’s crypto presale. Read on…